Ammonium Polyphosphate Market size is expected to reach USD 4.5 Billion by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of ammonium polyphosphate was USD 2 Billion. The main factors driving market expansion are the growing emphasis on safety requirements and the rising demand for fire-resistant materials. A total of 1,504,500 fires in 2022 caused 13,250 injuries and 3,790 civilian deaths.
In addition, the market is anticipated to rise as a result of emerging nations' fast urbanization and infrastructure development initiatives. Additionally, new product developments and creative uses should present market participants with profitable prospects, thereby increasing demand overall.
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
~ 7% |
Base Year Market Size (2023) |
~ USD 2 Billion |
Forecast Year Market Size (2036) |
~ USD 4.5 Billion |
Regional Scope |
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Application (Flame Retardant, Coating, Painting)
Based on application, the flame-retardant segment in the ammonium polyphosphate market is predicted to hold largest revenue share of about 52%during the forecast period. The most frequently visited locations, like homes, offices, and schools, have fire extinguishers installed. Monobasic ammonium phosphate, an essential component of fire extinguishers made of dry chemical powder, is used in flame retardant applications. Ammonium phosphate smothers the fire by cutting off the oxygen supply and coating the source. The fire extinguishers contain monobasic ammonium phosphate under pressure. Also, these are the fire extinguishers that are most frequently used, especially in households. Fire extinguishers with an ammonium phosphate base are being used more frequently to put out electrical fires as well as flames caused by grease, gasoline, and flammable materials like wood. When a portable fire extinguisher is deployed, it usually extinguishes the fire within the first two minutes, or 94% of the time.
End Use (Manufacturing, Chemical, Fertilizers, Paints)
Based on end use the fertilizers segment in the ammonium polyphosphate market is anticipated to hold the largest share of about 40% during the forecast period. Granular fertilizer's main ingredient is mono-ammonium phosphate (MAP). The two most desired characteristics of MAP are its ability to regulate pH and its solubility in water. For long-term, robust plant growth, farmers still favor ammonium phosphate. In high-pH soils, the increased need for MAP is driving the market. Ammonium phosphate is used in powdered form in suspension fertilizers. Additionally, MAP has excellent handling and storage qualities, which are increasing customer demand for it. But the market's expansion is being constrained by the continuous discussion about the possible effects of fertilizers based on ammonium phosphate on the environment.
Our in-depth analysis of the global ammonium polyphosphate market includes the following segments:
Product Type |
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Application |
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End Use |
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APAC Market Forecast
The ammonium polyphosphate market in the Asia Pacific region is expected to hold the largest revenue share of about 30% during the forecast period. The major producer of industrial chemicals is Asia Pacific. Because of this, the area is the world's leading producer of ammonium polyphosphate, and it is anticipated that it will hold this position for the foreseeable future. Asia Pacific's growing population has caused a shift in the region's fertilizer need. The majority of the demand for ammonium phosphate is expected to come from China and India. Furthermore, the expansion of the ammonium phosphate industry in the area is being bolstered by the proliferation of fertilizer factories. Over two thousand kg of fertilizer were used per hectare of arable land in Malaysia in 2021. Compared to other countries, Timor-Leste used 0.5 kg of fertilizer per hectare of arable land in 2021.
North American Market Statistics
Ammonium polyphosphate market in North America is projected to hold largest revenue share of about 27% during the projected period. Over the course of the forecast period, the ammonium phosphate market in North America is expected to develop at a relatively moderate rate. Tight regulations pertaining to the application of inorganic fertilizers are impeding the expansion of the ammonium phosphate business in the area. In these two regions, the usage of organic fertilizers is the main emphasis of producers.
Author Credits: Rajrani Baghel
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